looking for a major trend change in the beans with retrograde behind us and the cycle of 666 ready to show up in the beans, just about forgot I think there is a full moon also,remember if the moon can move oceans it also can move markets. looking to buy the beans on a lower opening in the mourning.
I'm thinking buy on a stop limit 9.63 after first 10 min of trading. Risk to 9.57 march. A move below 9.57 before 9.63 no trade.
No trade . We have a breakaway gap?
bought it 9 higher,where is gap?
Friday high 9.6275, today's low 9.63
Xmas over and here we go, beans higher and corn/wheat lower. Let Funds (fun) begin again.
The gap has been filled. Looks like the down trend will resume. My local basis is steady but lagging behind the last few years. I'm thinking after the new year , and maybe mid to late Jan before a change of trend. Are the shorts making money by taking the carry out of the roll?
will have to admit does not look good, with that said still was looking for low around Dec.26 give or take a couple of daze, my first thought was to buy the sk beans @ 9.65 now I hope this holds, 72 cents from last high. This is what I am thinking, guess we should have been more patient. 9.65 line in the sand in may beans